Updated: May 31
In a groundbreaking transaction, Tarpon Island, Palm Beach’s only private island, has sold for a record $150 million. This sale, recorded under the address 10 Tarpon Isle, marks the highest price ever paid for a property on the Intracoastal Waterway without additional ocean frontage in Palm Beach. The ultimate sale price of $150M represented a 30% discount off the original asking price. According to the Palm Beach Board of Realtors, Margit Brandt of Premier Estate Properties represented the buyer. All the agents involved have declined to comment to multiple outlets, citing an NDA, Margit Brandt’s Instagram channel showed a short aerial video of the property which quickly racked up 45,000 views.
